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June 22nd, 2022
We’ve Only Scratched the Surface of How Bad the Crypto Crime Wave Has Gotten
Blockchain Technology Co-Chair Jeremy S. Goldman was quoted in the article, “We’ve Only Scratched the Surface of How Bad the Crypto Crime Wave Has Gotten” published by the Los Angeles Times. The article discusses the increase of criminal fraud for cryptocurrency investors, who have lost billions of dollars with little hope of recovering those losses.
Jeremy acknowledges the risks of crypto and is quoted saying, “Crypto technology was built out of a ‘libertarian ethos’ in which there’s no nanny state that’s going to take care of you.” He adds, “These are the consequences when there’s a mistake … there’s no one to unwind it, you can’t call customer service, you can’t go back to the mothership, you can’t go back to the bank.”
Recently, two men were arrested in Los Angeles for orchestrating a fraud and money laundering cryptocurrency “rug pull” scheme. Jeremy said, “The case demonstrated sophisticated abilities by federal agents to follow the money and follow blockchain-based transactions” and “They really did a good job in following the breadcrumbs.”
Read the full article here.
Other Quoted
Mubi’s $24M Bet Just Made Agents Bullish Again. Here’s Why
Hayden Goldblatt is quoted in The Ankler article on Mubi’s purchase of Lynne Ramsay's film, “Die, My Love,” and what it meant for the Cannes market. He’s interviewed on “the real lessons from Cannes.” View article. (Behind paywall)
May 27 2025
A Federal Judge Ordered OpenAI to Stop Deleting Data
Daniel M. Goldberg is quoted in an Adweek article, which reported that a federal judge has ordered OpenAI to stop deleting output data from ChatGPT. This was part of The New York Times lawsuit, alleging OpenAI engaged in copyright infringement “by using ‘millions’ of articles published by the newspaper to train its AI model, which now directly competes with the Times’ content as a result.” The judge’s order seeks to preserve evidence in the Times’ case. Mr. Goldberg addressed mulitple implications of the order, which requires OpenAI to hold more data than they normally would. "That could make OpenAI more susceptible to security breaches, or shake the trust of consumers who expected their chatbot records to be deleted. There are also potential implications regarding energy use, storage and environmental impact that the judge may not have considered when making the order, Goldberg said." He also noted the order would trigger people's concerns about what it means for working with large tecnology providers.
May 21 2025
Democrat LaMonica McIver Charged: What Punishment Could She Face?
Jeremy Bates is quoted in a Newsweek article on New Jersey U.S. representative LaMonica McIver’s arrest by the Trump administration. She’s accused of allegedly assaulting, resisting, and impeding law enforcement officers in a protest against the arrest of Newark Mayor Ras Baraka. Amidst the chaos, Ms. McIver appears to have elbowed an officer. Mr. Bates told Newsweek,“‘Ethical prosecutors refrain from bringing charges that are not supported by probable cause. Here, the Mayor of Newark was charged with trespassing. Days later, DOJ dropped that charge. These facts do not inspire confidence.’” Mr. Bates also stated, “‘Before charging anyone with a federal crime, a DOJ lawyer should ask, would this prosecution be in the interest of my true client, the American people? Or is it an act of presidential malice?’” View Article
May 20 2025
